Banks are increasingly offering a range of tailor-made financial products; however, there are some downsides.
There are cash plans that cover for the cost of travelling to a hospital or keeping a relative with the patient.
However, no refund of the premium will be given in case of cancellation of the ticket
The scheme would cover incidents like robbery and dacoity.
General insurers in India have started campaigns highlighting the benefits of buying a student's travel insurance in India, as opposed to buying one offered by the university abroad, says Tinesh Bhasin.
Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity
To avoid a claim rejection for chronic diseases, ensure proper medical records, experts tell Tinesh Bhasin
Buying medical insurance? Make sure that you know what you are getting and what you are not.
The railways is expecting a revenue of Rs 1,84,820 crore during the current financial year (FY17).
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances